UPDATE 3-Deals of the day -- mergers and acquisitions

viernes 19 de septiembre de 2008 22:11 CEST

(Adds ArcelorMittal and Stada)

Sept 19 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday.

(For Reuters columns on deals, click on [DEALTALK\] )

** ArcelorMittal SA ISPA.AS, the world's number one steel maker, is looking to take control of ArcelorMittal SA Ltd (ACLJ.J: Cotización) in a $5 billion deal, the Financial Times' Alphaville website said.

To read more, please double click on [ID:nLJ657748]

** Generic drug giant Teva Pharmaceutical Industries Ltd TEVA.O is unlikely to buy Germany's Stada (STAGn.DE: Cotización) as it eyes potential targets in other countries such as Japan, the Israeli company's top North American executive said. [ID:nN19484618]

** HSBC (HSBA.L: Cotización), the world's second-largest bank by market value, said it dropped a $6.3 billion offer for 51 percent of Korea Exchange Bank 004940.KS, blaming the financial market turmoil that has slashed the value of banks and other assets. [ID:nSEO100338]

** The chief executive of global miner BHP Billiton Ltd (BHP.AX: Cotización) (BLT.L: Cotización) does not see the company's hostile, $122 billion bid for rival Rio Tinto Ltd (RIO.AX: Cotización) (RIO.L: Cotización) being affected by global market turmoil. [ID:nSYD349813]

** General Motors Corp (GM.N: Cotización) is in talks to sell its midsize-truck operations to Isuzu Motors (7202.T: Cotización), a newspaper reported, but Japan's No. 2 truck maker said it had received no such offer. [ID:nT115813]   Continuación...